Central bank body urges policy revamps to heed COVID lessons
Central bank body the Bank for International Settlements has urged the likes of the Federal Reserve and European Central Bank ...
As the Fed pauses rates, some banks are keeping high-yield savings accounts at just under 5% interest
On January 29, the Federal Reserve chose to keep the federal funds rate steady. Here are which savings accounts offer close to 5% interest.
Federal law requires Minneapolis Fed to diversify workforce. Could Trump’s DEI order change that?
Like other government financial agencies, the Federal Reserve Banks have an Office of Minority and Women Inclusion focused on ...
'Opportunity for investors' as Donald Trump's trade war sparks uncertainty for Australia's corporate profits
The next few weeks could end up being more exciting (or nerve-racking) than usual for people who've poured their money into the share market. Hundreds of Australian companies — from the Commonwealth ...
Fed officials see inflation risks from tariff surge
By Michael S. Derby and Howard Schneider (Reuters) -Two Federal Reserve officials warned on Monday the large-scale tariffs ...
Tariffs may have ‘slammed shut' the window for interest rate cuts in 2025, economist says
Proposed tariffs are expected to raise inflation and keep interest rates elevated into 2026, if they take effect, according ...
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Big banks are suing the Fed over stress tests
After the 2008 financial collapse, the government required big banks to undergo annual stress tests. Now, those banks are ...
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Does Monetary Policy Tightening Reduce Inflation?
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
L.A. fires hit family wealth. Daunting challenges await those trying to recover it
After the L.A. fires, many homeowners face a daunting challenge of trying to rebuild and recover generational wealth they have lost.
Top Fed officials comments highlight split on central bank about next interest-rate cuts
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...
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The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer ...
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Bank groups urge Bessent to tap Bowman for Fed vice chair
State banking associations across the country said that Michelle Bowman should be the Federal Reserve vice chair for supervision, not least because she already sits on the Fed board and could start ...